Advit Jewels Ltd Approves Financial Results and Appoints Secretarial Auditors

Advit Jewels Ltd Approves Financial Results and Appoints Secretarial Auditors

Advit Jewels Ltd Approves Financial Results and Appoints Secretarial Auditors​

Advit Jewels Limited (formerly known as Advit Jewels Private Limited) has announced the approval of its audited financial results for the quarter and financial year ended on March 31, 2026. The company also confirmed the appointment of a new firm to handle its secretarial audit duties.

The Board of Directors approved the comprehensive financial statements, which include the Statement of Assets and Liabilities as at March 31, 2026, and the Cash Flow statement for the financial year ending March 31, 2026. The company noted the Auditor's Report regarding these results, which was issued by M/s Keyur Shah & Co.

Key outcomes from the Board meeting included:
* Secretarial Audit: M/s ATCS & Associates, a practicing Company Secretaries firm, has been appointed as the Secretarial Auditors of Advit Jewels Limited for a first term of five consecutive years, running from April 01, 2026 to March 31, 2031. This appointment is subject to the further approval of shareholders at the ensuing Annual General Meeting.

Financial Performance Overview (Year Ended March 31, 2026)​

The company reported substantial revenues and profitability for the financial year ending March 31, 2026.

Total Income stood at 16,702.56 Rs. Lakhs, compared to 12,494.47 Rs. Lakhs in the previous financial year. Total expenses were recorded at 12,540.37 Rs. Lakhs, leading to a Profit for the period of 3,438.79 Rs. Lakhs.

The audited standalone financial results have been reviewed and approved by the Audit Committee before being ratified by the Board of Directors on July 20, 2026. The company is engaged in the manufacturing of gold ornaments and jewellery, including Kundan, Meena and Polki Jewellery, catering to both domestic and export markets.

The performance metrics are detailed below:

Financial MetricQuarter Ended March 31, 2026 (Rs. Lakhs)Quarter Ended December 31, 2025 (Rs. Lakhs)Quarter Ended March 31, 2025 (Rs. Lakhs)Full Year Ended March 31, 2026 (Rs. Lakhs)Full Year Ended March 31, 2025 (Rs. Lakhs)
Revenue from operations4,322.555,032.855,989.9216,701.5612,493.73
Total Income (I + II)4,322.925,033.085,990.1116,702.5612,494.47
Profit Before Tax1,066.661,171.151,955.764,162.193,070.15
Profit for the period (Net)874.05974.011,616.353,438.792,536.71

Financial Position as of March 31, 2026​

The company's balance sheet shows a strong asset base compared to the previous year. Total Assets stood at 17,176.25 Rs. Lakhs as of March 31, 2026, up from 14,085.40 Rs. Lakhs in the corresponding period last year.

Total Equity and Liabilities for the company are also recorded at 17,176.25 Rs. Lakhs.

A comparison of the company's balance sheet data is provided below:

ParticularAs At March 31, 2026 (Rs. Lakhs)As At March 31, 2025 (Rs. Lakhs)
Total Assets17,176.2514,085.40
Total Equity and Liabilities17,176.2514,085.40

In terms of liabilities structure, Short term Borrowings amounted to 6,153.70 Rs. Lakhs as of March 31, 2026, down from 6,419.57 Rs. Lakhs in the prior year. Current Liabilities totaled 6,842.29 Rs. Lakhs.

RAMBHAJO Stock Price Movement​

Advit Jewels Limited edged higher in post-market trading today, settling at ₹213.51 after gaining 1.58% on the session. The equity saw active movement during the day, with a total traded volume of 547,430 shares recorded.
 

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